SWIFT Denies Blockchain Potential in Cross-Border Payments

SWIFT Denies Blockchain Potential in Cross-Border Payments

A leading global system for cross border payments, SWIFT denied the potential of Blockchain has in fixing the delays in payments made between international banks. SWIFT then expressed their confidence that its new global payments innovation (GPI) system could increase the speed of transaction between even though the development of GPI wasn’t intended to be speedy.

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